``We purchased it because of the project`s visibility from the (Tri-State) tollway . . . and because we believe we can certainly do a better job of management,`` said G. Joseph Cosenza, president of Oak Brook-based Inland.

Occupancy rates range from 82 to 96 percent per building, with an overall occupancy level of slightly less than 90 percent for the development, he said. The 20-acre Park Ridge Office Park has two developments.

One, the former Tri-State Office Center, contains two 4-story buildings with 116,000 and 47,600 square feet, respectively, at 1550 and 1580 N. Northwest Hwy. The office park has outdoor parking for 435 cars and indoor parking for 17.

The other development, the former Renaissance Plaza, has four, 4-story structures completed in 1975 at 1400-1480 Renaissance Dr. The buildings total 235,456 square feet, with parking for 770 cars outdoors and 72 indoors.